QMI Agency

Stop us if you’ve heard this before: The NHL may be close to selling the Phoenix Coyotes.

According to Fox Sports, the NHL has reached a purchase agreement with Renaissance Sports and Entertainment that will keep the team in Glendale, Ariz.

In order to complete the sale, however, the league and RSE heads George Gosbee and Anthony LeBlanc must hammer out a deal to manage Jobing.com Arena with Glendale city officials. A meeting is scheduled for Tuesday – the same day the team is set to hold a press conference to announce general manager Don Maloney’s contract extension – according to the report.

With news of Maloney’s extension coming out Friday, the league reaffirmed their commitment to keeping the Coyotes in Arizona.

“The NHL remains committed to securing the Coyotes’ future in Glendale under new ownership, and we believe Don's long-term agreement evidences that he is equally committed,” Daly said.